1022 W Villard Street Dickinson, ND 58601

$5,000,000
Active
 |  MLS # 7057903
Active
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About The Listing

Villard Commons presents a rare opportunity to acquire a stabilized, professionally managed 47-unit apartment community in the heart of Dickinson, North Dakota—one of Western North Dakota’s most consistent rental markets.

Strategically positioned just minutes from Dickinson State University and major retail corridors, this asset benefits from strong, reliable tenant demand driven by students, workforce housing needs, and regional economic activity.

The property features a desirable unit mix of one-, two-, and three-bedroom layouts designed to accommodate a broad tenant base. Units are well-equipped with modern conveniences including dishwashers, updated appliance packages, and in-unit laundry or hookups, while the building itself offers secure access, elevator service, and 24/7 maintenance support—creating an attractive, low-friction living experience for residents.

Current rents are positioned competitively within the Dickinson market, offering immediate cash flow with clear upside through continued operational efficiencies and incremental rent growth. Market data indicates the property rents at or below surrounding averages, supporting a strong value-add thesis without requiring heavy capital expenditure. Contact today for more information!


Listing courtesy of Blaine Cook, RE/MAX Legacy Realty
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Property Details

Features

 
 
 
Property Type: Commercial
Status: Active
Contingency Type: None
Year Built: 2012
MLS #: 7057903
Garage Spaces: 0
Parking Description: On-Street Parking Only
Sewer Description: City Sewer/Connected
Water: City Water/Connected
Heat Type: Baseboard
Foundation Type: Block
Roof Description: Asphalt
Days On Market (Continuous): 0
Disability Features: None
Latest Update: 05/03/2026
List Date: 05/02/2026
Listing Agent ID: 582502319
Listing Office: RE/MAX Legacy Realty
Listing Office ID: 252445
Data Source: NorthstarMLS - The Regional MLS of Minnesota
Exterior Features: Other
Lot Dimensions: 145x141x155x150
Lot Size: 0.518 Acres
School District: Dickinson
Tax Year: 2025
Estimated Taxes: $44,420
Contingency Type: None
City: Dickinson
Zip: 58601
County: Stark
Subdivision: Youngs 5th
State: ND
Listing last updated: 05/03/26

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